Buffett firm says may be keen on lifting BYD stake

Newswire

HONG KONG, Sept 29 (Reuters) - MidAmerican Energy, a unit of billionaire investor Warren Buffett's Berkshire Hathaway , is keen on expanding its just-acquired 10 percent stake in China's BYD if the opportunity arises, the U.S. firm's top executive said. On Saturday, MidAmerican Energy agreed to buy a 10 percent stake in BYD for $230 million, which investors took as a solid endorsement for a rapidly expanding firm that makes everything from hybrid cars to batteries. [ID:nN26317503] "We ...

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